Danni Santana

The multi-line insurer joins State Auto as an early member of the consortium launched last year.

The evolution of these centers are best depicted by insurers’ growing focus on making consumers’ daily lives easier, while building out capabilities addressing core business problems.

These industry newcomers from Plug & Play's summer program are focused on providing solutions that insurers in any line of business can use.

Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.

The insurer embeds new technologies, such as AI and IoT, into its organization on an ad-hoc basis, rather than developing products separately in a lab and force-fitting them.

Carriers cite the speed of product development in these programs and the ease of access to dozens of startups in one location as major benefits of these relationships.

The commercial insurance broker's pilot, in partnership with IBM and ACORD, is the second such initiative in the P&C sector.

This session's cohort features startup companies with expertise in computer vision, cybersecurity, big data analytics and more.

ParaZero’s drone safety software, SafeAir, serves as a failsafe system for malfunctioning unmanned aircraft vehicles.

CIO Jamie Roser credits the carrier’s quick expansion over its five-year lifespan as a company to its digital strategy centered on a cloud-based core system.

The insurtechs showcased their platforms and the potential use cases for the industry, in areas such as claims, customer experience and underwriting.

Said Taiym will implement emerging technologies that will aid the broker in delivering improved strategic risk solutions for clients.

Anthony Vidovich takes over the strategic direction of claims for the carrier's general insurance business, encompassing commercial and personal lines.

The insurer will leverage the university's research in the Internet of Things, data science and machine learning to help improve the life underwriting process.

The insurer set up an innovation lab in 2016 with SVP of Commercial Auto Kim Garland at the helm, but also keeps a sharp eye out for transformation occurring outside company walls by insurtechs.

The NAIC's three-year plan to adopt emerging technologies and a newly announced focus on distracted driving are sure to catch carriers' eyes.

This week's Congressional hearing is likely to lead to new federal regulations aimed at all companies that collect personal identifiable information, including carriers.

The platform aggregates external data on new business and applications into a single repository to sure up enterprise reporting to regulators.

Automating manual processes and insurers' growing use of technology are two leading factors behind the change, detailed in a new three-year innovation plan released by the organization.

The platform, tailored to small business owners, is first being offered to DJs, but will soon be extended to personal trainers and health & wellness coaches.